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10211 England Avenue

Mary Stabler Sells Multifamily Property At 10211-10215 England Avenue For $2.075M With Brokers Aaron Es-haghian And Cameron Samimi
SOLDMultiFamily

Mary Stabler Sells Multifamily Property At 10211-10215 England Avenue For $2.075M With Brokers Aaron Es-haghian And Cameron Samimi

10211 England Avenue & 10215 England Avenue

$2,075,000

$169/SF

Building Size

12,240 SF

Asset Type

MultiFamily

Closing

May 2, 2025

AI

The asset involved in this transaction is a multifamily property located at 10211-10215 England Avenue in Inglewood. The sale price was $2,075,000 for a total of 8 units, each consisting of 1-bedroom units. The total square footage of the property is 6,120, resulting in a price per unit of $259,375 and a price per square foot of $339. Additionally, the property was delivered with 50% of the units vacant.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,075,000
  • Number of Units: 8
  • Price Per Unit: $259,375
  • Square Footage: 6,120
  • Price Per Square Foot: $339
  • Seller: Mary Stabler
  • Buyer's Representative: Cameron Samimi - Lyon Stahl Investment Real Estate
  • Seller's Representative: Aaron Es-haghian - Marcus & Millichap

This transaction marks the closing of two adjacent 4-unit properties. The broker's note expresses pleasure in announcing this deal, highlighting the vacant status of the units at the time of delivery.

Players

Cameron Samimi
Verified Badge

Cameron Samimi

Lyon Stahl Investment Real Estate

Broker

$141.4M

vol

51 deals

Broker

Inglewood MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.64%

Cash-on-Cash

-2.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93